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(MEGASOFT) Megasoft complete technical analysis [charts+indicators] | Buy/Sell Megasoft | (MEGASOFT) share price targets

Complete technical analysis of Megasoft (MEGASOFT) by charts plus indicators, forecast predictions and share price targets for Megasoft (MEGASOFT)

Megasoft trades in NSE in IT Software Products sector.

Showing technical analysis as on 2024-12-31 View latest technical analysis

10 day averaged volume of Megasoft is 1057063

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	88.37	85.33	88.50	84.01	0.192 times
07 Mon Oct 2024	64.41	68.94	68.94	64.34	0.22 times
04 Fri Oct 2024	67.73	65.00	68.93	64.30	0.31 times
03 Thu Oct 2024	65.88	67.40	68.69	65.55	0.21 times
01 Tue Oct 2024	68.78	67.65	69.50	67.65	0.276 times
30 Mon Sep 2024	67.45	68.00	68.68	65.21	0.493 times
27 Fri Sep 2024	68.63	72.01	73.32	68.40	1.168 times
26 Thu Sep 2024	72.00	76.00	76.00	72.00	1.014 times
25 Wed Sep 2024	75.79	70.00	76.90	69.50	2.859 times
24 Tue Sep 2024	71.12	65.34	71.12	65.01	1.756 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 83, for a target of 73.3 or 65.1

Share price targets for Megasoft (MEGASOFT)

Target Type	Value
Downside Target	50.05
Downside Target	52.62
Downside Target	54.01
Downside Target	56.14
Downside Target	60.55
Downside Target	62.00
Downside Target	63.55
Downside Target	68.75
Downside Target	74.09
Downside Target	75.99
Downside Target	76.90
Downside Target	84.01
Upside Target	88.50

Intraday share price targets for Megasoft (MEGASOFT)

Target Type	Value
Downside Intraday Target	72.31
Downside Intraday Target	56.24
Upside Intraday Target	96.47
Upside Intraday Target	104.56
Downside Intraday Target	80.4

Weekly technical analysis of Megasoft (MEGASOFT)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	88.37	68.94	88.50	64.34	0.32 times
04 Fri Oct 2024	67.73	68.00	69.50	64.30	0.152 times
27 Fri Sep 2024	68.63	62.09	76.90	62.00	1.114 times
20 Fri Sep 2024	61.77	57.45	68.75	56.14	1.719 times
13 Fri Sep 2024	55.04	57.99	60.55	52.62	1.621 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Megasoft (MEGASOFT)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	88.37	85.33	88.50	84.01	0.189 times
07 Mon Oct 2024	64.41	67.65	69.50	64.30	0.043 times
30 Mon Sep 2024	67.45	55.00	76.90	50.05	2.497 times
30 Fri Aug 2024	55.04	73.90	74.09	54.01	1.53 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Megasoft (MEGASOFT)

Price action analysis of Megasoft ( (MEGASOFT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Megasoft ( (MEGASOFT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Megasoft ( (MEGASOFT) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Megasoft stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Megasoft in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Megasoft Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Megasoft in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Megasoft is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 72.13 and Megasoft (MEGASOFT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Megasoft (MEGASOFT) stock. Volume based technical analysis of Megasoft (MEGASOFT) stock is negative.

Megasoft Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.